Walmart Inc. (NYSE:WMT) Shares Bought by Krilogy Financial LLC

Krilogy Financial LLC increased its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 29.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 67,031 shares of the retailer's stock after purchasing an additional 15,190 shares during the quarter. Krilogy Financial LLC's holdings in Walmart were worth $6,056,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Peterson Financial Group Inc. purchased a new position in Walmart in the third quarter worth $26,000. Voisard Asset Management Group Inc. grew its stake in shares of Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer's stock worth $32,000 after purchasing an additional 174 shares during the period. Decker Retirement Planning Inc. purchased a new position in shares of Walmart in the 4th quarter valued at about $32,000. Hoese & Co LLP acquired a new stake in shares of Walmart in the third quarter valued at about $33,000. Finally, Livelsberger Financial Advisory purchased a new stake in Walmart during the third quarter worth about $36,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Roth Mkm lifted their price target on shares of Walmart from $81.00 to $97.00 and gave the company a "buy" rating in a research report on Wednesday, November 20th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $105.00 price objective on shares of Walmart in a report on Wednesday, January 15th. TD Cowen upped their target price on Walmart from $90.00 to $100.00 and gave the company a "buy" rating in a report on Wednesday, November 20th. Tigress Financial lifted their price target on Walmart from $86.00 to $115.00 and gave the stock a "buy" rating in a research note on Friday, December 13th. Finally, Evercore ISI increased their price objective on shares of Walmart from $94.00 to $96.00 and gave the company an "outperform" rating in a research note on Tuesday, December 3rd. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $94.49.

Walmart Stock Up 0.8 %

NYSE:WMT traded up $0.72 during trading hours on Monday, hitting $92.02. The stock had a trading volume of 15,705,502 shares, compared to its average volume of 14,296,278. Walmart Inc. has a 1-year low of $53.44 and a 1-year high of $96.18. The company has a market cap of $739.19 billion, a PE ratio of 37.76, a price-to-earnings-growth ratio of 4.41 and a beta of 0.55. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The business has a 50 day simple moving average of $91.15 and a two-hundred day simple moving average of $81.46.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.05. The company had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The company's revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the firm posted $0.51 EPS. Analysts predict that Walmart Inc. will post 2.47 EPS for the current year.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the company's stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $82.79, for a total value of $2,411,175.96. Following the completion of the transaction, the chief executive officer now owns 3,843,929 shares in the company, valued at approximately $318,238,881.91. This represents a 0.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $82.96, for a total value of $1,088,850.00. Following the sale, the executive vice president now directly owns 593,040 shares in the company, valued at approximately $49,198,598.40. This trade represents a 2.17 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 140,177 shares of company stock worth $12,478,149. 45.58% of the stock is currently owned by company insiders.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.